Technology
The two leading spreadsheets—Excel and Lotus 1-2-3—each treat the Year 2000 problem differently. If you use electronic spreadsheets, you should know how each interprets years because, at one time or another, you'll likely be importing data from one or both products.
Technology
As the clock ticks toward December 31, 1999, CPAs worry computer data will become garbled because many application programs cant determine whether the two-digit year designation—97 vs. 1997—will put the year in the right century. Efforts are under way to fix the problem.
Technology
The Year 2000 issue creates serious risks for the CPA profession. Lawsuits by those who have been damaged by faulty or incomplete advice from consultants are sure to become a major financial issue as the millennium comes closer.
Tax
A revamped offers in compromise program has resulted in an increase in the number of offers made. What must practitioners know to help clients take advantage of the process?
Business & Industry / Management Accounting
Odd as it may seem, it's not always good for sales to rise too quickly. Too much success can lead a healthy company into bankruptcy. This article outlines the symptoms of explosive growth and offers a prescription for making a fast-rising sales enterprise a financial success.
Technology
This article details whether and how accounting software packages solve the Year 2000 problem. Remedies fall into two groups: the four-digit and the two-digit methods. Most organizations will find the two-digit solution acceptable.
New Assurance Services
The American Institute of CPAs unrolls its first new assurance service—CPA WebTrust. Find out about a new niche that mixes the traditional assurance CPAs have long offered with high technology almost unknown a decade ago.
The Financial Manager
Year 2000 problems and electronic transfers are just some of the challenges facing a CPA who runs the payroll department at a multinational company.
Tax
How are CPAs handling the Taxpayer Relief Act of 1997? The Journal spoke with five CPAs who work with and for individual, small business and corporate taxpayers. They agreed the new law increases the complexity of an already challenging tax system.